Technology briefs

Systems

Barra buys FEA

Barra, the Berkeley, California-based risk management technology vendor, says it has acquired Financial Engineering Associates (FEA), the privately held sell-side options and risk analytics developer founded by Mark Garman, for $21.25 million in cash. Barra says FEA – also based in Berkeley – has more than 700 clients in the US, Europe and Asia, and operating revenues from software licensing and maintenance of about $8 million for its fiscal year ending February 28, 2002, an

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Next-generation technologies and the future of trading

At a Risk.net webinar in association with capital markets technology provider Numerix, panellists discuss the potential for increased adoption of the public cloud to boost investment performance, its impact on risk management and overcoming barriers to…

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